News/Events
Moishe Mana Buys Discounted Fort Lauderdale Officer Tower for $89M
Moishe Mana has ventured out of Miami and into Fort Lauderdale, nabbing a discount to buy a 30-story office building for $89 million, property records show. Called 110 Tower, the 777,248-square-foot property was built in 1987 adjacent to Broward County’s court building at 110 Southeast Sixth Street in the city’s downtown. City National Bank of…
Starbucks to Close 250 North American Stores Amid Massive Overhaul
The “Back to Starbucks” overhaul isn’t over yet. Seattle-based coffee giant Starbucks announced Thursday that it will close 250 stores across North America this week in its second round of mass closures since Brian Niccol took over as chairman and CEO in 2024. Mike Grams, Starbucks’ chief operating officer, said in a letter to employees…
Cerity Partners Expands to 68K SF at Global Holdings’ 99 Park Avenue
Wealth management firm Cerity Partners is expanding its offices at Midtown’s 99 Park Avenue. The tenant, which just expanded to 48,671 square feet at the building in December, has signed a deal for 19,600 additional square feet on the eighth floor of Global Holdings’ 26-story office building, bringing its total footprint to about 68,300 square…
Newmark, Cushman & Wakefield Among Winners at REBNY’s 2026 Retail Deal Awards
At an event of nearly 150 members and guests on Wednesday night, the Real Estate Board of New York (REBNY) recognized the most influential retail deals completed in New York City in the past year. REBNY evaluated retail sales, leasing and development transactions regardless of size and complexity, ranging from large apparel manufacturer leases to…
Retail Is In Growth Mode Again, But Construction Isn't Keeping Up
Retail in the U.S. is booming with new store openings, but construction is lagging due to high costs, creating expansion challenges.
Brookings Study Shows AI’s $10T Build-Out Cost Will Likely End In Market Correction
The development of AI infrastructure will be more capital intensive than the cost to build the U.S. railway network in the 1800s, new research found.
Austin Multifamily Nears 'Inflection Point' With Early Signs Of Rent Growth
A vital shift from oversupply to rent growth is underway.
Texas, California Add New Restrictions On Data Center Development
Both states impose fresh restrictions on data centers amid growing public dissent over the AI industry's impact.
Philly Hits Halfway Point On 30,000-Unit Goal As Mayor Seeks To Spur More Conversions
Mayor Cherelle Parker has reached halfway toward her HOME Initiative goal, but the majority of the units counted have been preserved rather than developed.
